The currency pair Australian Dollar/Japanese Yen (AUD/JPY) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 111.48 is expected.
Caution: A possible change in the direction of the resistance zone at 113.077 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 113.953 |
| Next High | 113.077 |
| Current Price | 112.95200 |
| Next Low | 111.48 |
| 2nd Low | 111.284 |
| 3rd Low | 110.121 |
113.077 – 112.987 – 113.953 – 111.48 – 111.284 – 110.121 —
113.01000 – 113.02700 —
60.872468171734 – 57.643090215791 —
– —
113.077 – 1773763200
Trading Signals: FOREX – AUD – AUD/JPY – JPY – – – – – – – – – –